When traders found their seats this morning futures were in the red, with most pointing to OECD reducing global economic growth estimates to 2.9% for current year vs 3.3% in 2024. The report cited weakened economic prospects globally, with lower growth and less trade impacting incomes and slowing job growth. Most of that red had been reversed by the open as investors continued to wrestle with tariff expectations, trade wars, and perhaps a growing base of traders tired of trying to calculate t…
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